Tether Has Cut Commercial Paper Holdings Backing Stablecoin by 50%: CTO

The post Tether Has Cut Commercial Paper Holdings Backing Stablecoin by 50%: CTO appeared on BitcoinEthereumNews.com.

During a recent Twitter Spaces event discussing stablecoins and the recent crypto volatility, Tether CTO Paolo Ardoino said that the stablecoin provider had cut the amount of commercial paper backing…

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